Indexed Executive Stock Options with a Ratchet Mechanism and Average Prices
Indexed Executive Stock Options with a Ratchet Mechanism and Average Prices
Publication information
Publisher
Fountain: Presses Universitaires de Grenoble
Subjects
More information
Scope and Contents
Contents
In this article, we present a new type of executive stock option, dubbed the indexed stock option with a ratchet mechanism and average prices. We also derive its pricing model and investigate its incentive implications. Like an indexed option, the proposed option links its strike price to a benchmark, so as to eliminate common risks beyond the reac...
Alternative Titles
Full title
Indexed Executive Stock Options with a Ratchet Mechanism and Average Prices
Identifiers
Primary Identifiers
Record Identifier
TN_cdi_hal_primary_oai_HAL_hal_00566633v1
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_hal_primary_oai_HAL_hal_00566633v1
Other Identifiers
ISSN
0752-6180
E-ISSN
2101-0145